TSEM10405 | Non-resident trusts: beneficiary’s chargeability: introduction

This section considers the United Kingdom tax liabilities arising to UK-resident beneficiaries of non-resident trusts. In particular it looks at:

• Beneficiaries of bare trusts - see TSEM10410

• Beneficiaries with an entitlement to trust income - interest in possession trusts (IIP) trusts - see TSEM10415 to TSEM10430

• Beneficiaries who may receive trust income at the trustees’ discretion - discretionary trusts - see TSEM10435 to TSEM10455

• Capital distributions made to beneficiaries - see TSEM10460